AMTEX 2016, the 11th Edition of the machine tools exhibition of international standards, commences today at Pragati Maidan, New Delhi showcasing a wide array of machine tools, machineries and allied products. Experts from length and breadth of the machine tool and manufacturing industry in India and global participants from China, Germany, Japan, Korea, Singapore, Taiwan and Turkey are seen participating in this gleaming event and the total market is estimated a value of $181 billion by the end of the current three-year period. Industry experts estimate India to stand 14th in the production and 10th in the consumption of machine tools in the world. The exhibition was inaugurated by Rishi Kapoor, Meiban Engineering; Hiroaki Kiriyama, Muratec Engineering; Cyril Pereira, Managing Director & Mohammed Shakeeb, Director, Reed Triune Exhibitions Pvt. Ltd. Michael Mandl, CEO, Reed Exhibitions India, T K Ramesh, Ace Micromatic Pvt Ltd; Terrence Miranda, Country Head, Haas India Pvt Ltd; Maulik Patel, Executive Director, Sahajanand Laser Technology Ltd. amidst numerous top dignitaries, trade bodies and international leaders. Cyril Pereira articulated the prelude mentioning the exhibition has grown to be the largest show in the region in the last few years.
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